Forecasts and recommendations of analysts of IFH RESMI (Kazakhstan) for December 21, 2010

/IRBIS, December 21, 2010/ - Finance & Investment House RESMI JSC (Almaty, IFH RESMI) provided IRBIS overview of major events and their investment ideas and projections for December 21, 2010. Analysts of IFH RESMI give attention to the following to the important events in the markets: - KBS REIT - the largest deal to acquire real estate in Colorado. KBS REIT II, a part of a group of real estate companies "KBS", gained a business center in Colorado for 149 million U.S. dollars. The object of the acquisition was one of the largest office buildings, Class A in Colorado, Granite Tower. Total building area is 52.5 thousand square meters. Level of fullness- 95%. Number of tenants is 20 companies. Among them - Anadarko Petroleum Corp, Jackson Kelly PLLC, Bill Barrett Corp. Given that the average rental rate for offices in Colorado is $ 20.9 per square meter per month, the amount of potential monthly rental payments to KBS REIT II will be about $ 1 042 380, which in turn affect the size of the quarterly dividend on REIT shares . Analysts of IFH RESMI give the following advice for investors in securities of issuers in Kazakhstan: -------------------------------------------------------------------------- Issuer Last price Predicted price* Up/down from Target RSI. Current price price** %*** ------------------ ---------- ---------------- ------------- ------- ----- Kazkommertsbak 430 796 83.0% n/a 48.66 Halyk bank 365 409 11.1% 474 56.82 Bank Center Credit 590 1,218 108.2% 1,007 54.03 RD KMG 17,500 24,895 39.5% 22,916 58.29 Kazkhtelekom 18,450 24,398 35.5% 32,000 80.84 -------------------------------------------------------------------------- Fundamental evaluation IFH RESMI for 12 months (weekly review) ** Target according to the consensus forecast of analysts surveyed by Bloomberg *** Relative strength index - an indicator of technical analysis. determines strength of trend and likelihood of change. Overbought/oversold - when RSI indicator value is closer to 100%/0%. - Cost of common shares Kazkommertsbank assessment IFD "RESMI" will cost no less than KZT796 per share by the end of 2010; - Halyk Savings Bank of Kazakhstan is estimated IFD "RESMI" as the most promising in terms of business development financial institution in Kazakhstan. Analysts see the growth of the bank's shares up to KZT409 per share; - Shares of Bank CenterCredit in the long term analysts IFD "RESMI" about the outlook for growth in securities of the bank to the level of 1.230 m.; - Stocks of Kazakhtelecom are looking most attractive for investment in the long term. Analysts IFD "RESMI" recommend buying simple shareholders of the issuer. - The updated target price of shares of JSC Exploration Production KMG is KZT24.895 per share. The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material. [2010-12-21]